Hey, is it possible to control the exchange rate on outgoing invoices? If I invoice in dollars the app automatically gives me the exchange rate on the day of issue but it won’t let me adjust that.
Hey, is it possible to control the exchange rate on outgoing invoices? If I invoice in dollars the app automatically gives me the exchange rate on the day of issue but it won’t let me adjust that.
We take the fx transaction and create a bill for the bank charge, work out if there was an FX gain or loss. If a gain then we run the tax on that. We then update all your management accounts. Automatically.
Either way you can't pick the exchange rate - the markets define the exchange rate.